Global supply chain visibility

Accordingly, low-skilled manufacturing wages will rise at a moderate pace relative to Viet Nam’s regional competitors. However, specialised labour in manufacturing and services professions will remain scarce. In the field of investment, high-tech manufacturers will continue to enjoy incentives for many years to come. In addition, Viet Nam has joined many trade agreements and maintained good relations with trading partners, helping to reduce transaction costs for local businesses. … [Read more...] about Viet Nam to remain at centre of Asian supply chains: EIU

According to Vu Ba Phu, Director General of the Vietnam Trade Promotion Agency under the Ministry of Industry and Trade, in order to further improve the quality of business support activities and trade promotion, especially for agricultural exports, the Mekong Delta needs to adopt regional strategic goals on information technology application and digital transformation. Localities need to focus on forming digital ecosystems, quickly issue growing area codes to ensure traceability of agricultural products, and build brand names for products, businesses and industries in parallel with trade promotion activities. … [Read more...] about Mekong Delta farmers urged to link up with global value chains

Nguyễn Hữu Nam, deputy director of the Việt Nam Chamber of Commerce and Industry (VCCI) in HCM City, said that the RCEP would provide Vietnamese farm produce with better access to a larger market and help agricultural businesses improve competitiveness, resulting in more participation in global value chains. … [Read more...] about Agricultural exports set to join more global value chains as new FTAs take effect

Accordingly, low-skilled manufacturing wages will rise at a moderate pace relative to Việt Nam’s regional competitors. However, specialised labour in manufacturing and services professions will remain scarce. In the field of investment, high-tech manufacturers will continue to enjoy incentives for many years to come. In addition, Việt Nam has joined many trade agreements and maintained good relations with trading partners, helping to reduce transaction costs for local businesses. … [Read more...] about Việt Nam to remain at centre of Asian supply chains: EIU

Trades Union Congress regional secretary Sam Gurney said: “We welcome the commitment of major employers like Heathrow Airport to ensure that their people and those in their supply chains receive London Living Wage and have regular guaranteed hours. … [Read more...] about Living Wage boost for thousands of workers in Heathrow Airport supply chain